Social Security and Medicare are essential to retirement, yet few near-retirees have a thorough understanding of how they work.
About a third of self-employed baby boomers and 2 of 10 workers in the same age group said they know...
There are two kinds of moves that occur when you’re older. Ailing seniors enter a nursing home, while healthy retirees may decide to relocate to an assisted-living facility or continuing care retirement community.
For those going into a nursing...
Stocks have long been a favorite investment for Americans, but according to a new survey, they are putting their money elsewhere. Despite stocks’ great long-term returns averaging about 10 percent annually for decades, Americans are turning to real estate.
When it comes to preparing for retirement, there’s one key message: save, save, save.
But once you finally do stop working, the last thing you want to do is spend, spend, spend.
Withdrawal strategies, such as...
The savings account game is heating up again as more financial companies launch products that offer sky-high interest rates. Betterment is the latest to offer customers a high-yield savings option, introducing a new account with up to 2.69% APY.
Regardless of where you are in life, you may be struggling to get a handle on your finances Opens a New Window. .
“The younger you are and the earlier you begin saving, the easier it is long-term and...
There are two types of retirement savers when it comes to an employer-sponsored retirement account: those who are active and others who are passive. Knowing which you are may help you save more for the future.
Passive savers are...
Many of us may daydream about retiring early, and bidding our careers adieu in our 50s — or even our 40s. But nearly everyone who transforms that vision into reality does so by making some significant sacrifices during their working years.
Avoid these common faux pas.
If you’re getting married, it’s critical to be on the same page as your partner when it comes to managing your finances. In addition to intertwining household bills and chores, you’ll also have to...
It’s not always easy being a millennial. Born between 1981 and 1996, many members of this generation came of age during the Great Recession of 2007-2009. Jobs were scarce, student loans were staggering, and more than a few millennials were forced to...
